Prominent Trader: Closed Bitcoin Short Position, Current Shorting Risk-Reward Ratio Unfavorable
BlockBeats News, April 6th: Renowned trader Killa (@KillaXBT) announced that he has closed a swing short position held for 29 days, citing a poor risk-reward ratio for a continued bearish view.
Previously bearish with a target below $60,000, he has now exited his position as BTC has dropped by approximately 50%, planning to pivot to a long-term bullish stance after the capitulation bottom.
Killa, known as a BTC-focused quantitative trader, accurately predicted the peak of this bull run in May 2025 and has over 180,000 followers on the X platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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